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H.R. 2460 · 117th Congress

Joint Consolidation Loan Separation Act

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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

This bill allows two borrowers, who had previously received a joint consolidation loan for their federal student loan debt, to submit a joint application to the Department of Education to sever their consolidated loan into two separate loans.

What it does: CRS summary · Introduced in House · Apr 13, 2021

Joint Consolidation Loan Separation Act

This bill allows two borrowers, who had previously received a joint consolidation loan for their federal student loan debt, to submit a joint application to the Department of Education to sever their consolidated loan into two separate loans. One borrower may submit a separate application in the event that the individual is experiencing domestic or economic abuse from the other individual borrower or is unable to reasonably reach or access the loan information of the other borrower.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Joint Consolidation Loan Separation Act

Latest action (Apr 13, 2021): Referred to the House Committee on Education and Labor.

Policy area: Education · Origin: House · Introduced: Apr 13, 2021

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.